CSFB Cuts Largo Resources (LGO) Price Target to C$1.60

Largo Resources (CVE:LGO) had its price objective reduced by investment analysts at CSFB from C$2.00 to C$1.60 in a research report issued to clients and investors on Monday, BayStreet.CA reports.

Several other equities research analysts have also recently weighed in on LGO. Morgan Stanley reduced their price target on shares of Largo Resources from C$6.00 to C$4.00 in a research report on Thursday, March 21st. HC Wainwright lifted their price objective on shares of Largo Resources from C$5.10 to C$5.20 in a research note on Thursday, March 28th.

Largo Resources has a 1 year low of C$0.11 and a 1 year high of C$0.81.

Largo Resources Company Profile

Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties.

See Also: Cost of Equity

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